Property summary
This exceptional 5.71-acre property, situated at the corner of Spring and Colgrove Streets in Waterloo, Indiana, presents a unique investment opportunity. Currently zoned for both Urban Residential (UR) and Agricultural use, this land offers significant potential for residential development. Its location within the Waterloo city limits provides convenient access to local amenities and infrastructure. The asking price is $120,000, translating to approximately $21,016 per acre. The property's size and zoning make it ideal for a variety of residential projects. Detailed site surveys and feasibility studies can be conducted to determine the optimal development plan. This is a rare opportunity to acquire a substantial parcel of land in a desirable location, ready for its next chapter. The property's address is W Spring St, Waterloo, IN 46793, within DeKalb County. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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